Dollar normalizes, after increasing to Rs108.50 in inter-bank market
KARACHI:Â The US dollar attained a sense of normalcy after rising more than three rupees in the inter-bank market earlier on Friday.
The US...
Sindh textile millers demand up to 40pc reduction in gas tariff
KARACHI: All Pakistan Textile Mills Association (APTMA) Sindh-Balochistan Chairman Zahid Mazhar has demanded the government to reduce the tariff of indigenous gas...
Govt to cut down its expenses by 10pc
In line with the government’s austerity drive, the finance ministry on Tuesday issued a notification announcing a ban on new postings and...
Market daily: stocks rise up twice in row
LAHORE
The Pakistan Stock Exchange (PSX), after a bumpy ride, accumulated gains in late trading. This was not the only good thing about Thursday,...
Foreign debt servicing touched $8.16b during FY 2016-17
Karachi: The State Bank of Pakistan on Thursday reported that the country’s foreign debt servicing amounted to $8.16b during financial year 2016-17,...
PM reassures builders of all-out cooperation
ISLAMABAD:Â Prime Minister Imran Khan has reassured the investors in the construction sector that the government is committed to removing any obstacle in...
Indonesian investors to visit Pakistan next month: envoy
SIALKOT: Indonesian Ambassador to Pakistan Iwan Suyudhie Amri said on Friday a high-level trade delegation from Indonesia would visit Pakistan next month...
Stocks close flat on lack of triggers
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed a turbulent session on Friday, with the indices swaying both ways in search of a clear...
PIA incurring Rs2 billion monthly losses
According to the aviation secretary, the depreciation of the rupee and rise in fuel prices were the two major factors for PIA’s losses
Textile export fetches $12.31bn in 11 months
ISLAMABAD:Â The textile exports from the country during July-May 2018-19 were recorded at $12.31 billion as compared to the exports of $12.32 billion...
Pakistan holds huge potential in renewable energy, requires reforms to tap it: IRENA
ISLAMABAD: Pakistan possesses huge potential in the realm of renewable energy, but lacks a clear target in this sector, said the International...
12 brilliantly simple… yet simply indigestible ideas for the Finance Minister
Every year around this time the same question starts being asked everywhere, ‘what are you expecting in this year’s budget?’. The answer...
SBP reserves remain stable at $13.29bn
The foreign exchange reserves held by the State Bank of Pakistan remained stable on a weekly basis, according to data released by...
PIAF concerned as big industry contracts for 11th consecutive month
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has raised serious concerns over the continuous decline in the large-scale manufacturing index (LSMI),...
APTMA puts forward its proposal for upcoming federal budget
ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has put forward its proposal for the upcoming budget (FY 2018-19), demanding zero per cent...